Bond Ugandia 0% ( UG11B0404191 ) in UGX

Issuer	Ugandia
Market price	100 % ▲
Country	Uganda
ISIN code	UG11B0404191 ( in UGX )
Interest rate	0%
Maturity	04/04/2019 - Bond has expired
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Detailed description	Uganda is a landlocked East African country known for its diverse wildlife, including gorillas and chimpanzees, stunning landscapes like Lake Victoria and the Rwenzori Mountains, and a rich cultural heritage. The sovereign debt instrument, identified by the ISIN UG11B0404191 and denominated in Ugandan Shillings (UGX), which was issued by the Republic of Uganda, an East African nation actively engaged in both domestic and international capital markets as an emerging market sovereign, has reached its full maturity and been successfully redeemed. This particular bond, bearing a 0% interest rate and designed with a payment frequency of 1, matured precisely on April 4, 2019, at which point its market price stood at 100% of its par value prior to its official repayment. The timely settlement of this obligation underscores the Republic of Uganda's steadfast commitment to fulfilling its financial responsibilities to creditors, an action that consistently reinforces investor confidence in the nation's creditworthiness and its ability to manage its public debt effectively within the global financial system.